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Sani Musa Calls for Establishment of State Police

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By Eze Okechukwu, Abuja

The Senate Committee Chairman on Finance, Senator Sani Musa (APC, Niger East) has called for the establishment of State Police, massive recruitment of men as well as new tactics in intelligence gathering to address the state of insecurity caused by multiple crimes, banditry and spate of kidnappings across the country.

In a statement he personally signed yesterday, Senator Musa also called on the Federal Government to re-engineer the nation’s security architecture against the backdrop that the present one was not working.

According to him, all the tiers of government and Nigerians must recognize the fact that security is essential for the survival and flourishing of any society, hence it has become imperative that all hands must be on deck to make it possible that it involves the protection of individuals, communities, and the entire nation against dangers and attacks.

Senator Musa however called on all to give President Bola Tinubu the needed support and encouragement to do the needful in the nation’s quest for renewed hope, adding that he has the vision, the capabilities, the political capacity and institutional coherence to do those things that will rediscover and get back Nigeria on the path of economic growth, security and prosperity.

Senator Musa who also emphasized on the challenges and influence of drug abuse, said that as a country, we must take a serious stance on drugs as a nation, even as he said that many factors affect substance abuse, adding that there must be the introduction of the effects of drug abuse in the schools curriculums, factors such as loss of family support, friends’ influence, peer factors and other individualized factors must be addressed because they constitute some of the strongest factors, that influence individuals to start abusing substances and that the impact of it, create insecurity

According to him, as a nation, we must inculcate favourable parental attitudes towards behaviour, parental monitoring and sexual orientation.

Senator Musa said, “the issue of insecurity in Nigeria has become something of grave concern to me and all well-meaning Nigerians, most of whom continue to wonder how the country arrived at such a dastardly situation where no one is safe; and worse still, rather than abate, the problem is escalating and now totally out of control. I have repeatedly spoken and issued statements on this very disturbing issue, especially as it affects my state, Niger, its neighbouring states and other parts of the country.

“The state of insecurity in Nigeria caused by multiple crimes, banditry and spate of kidnappings, massive killing as well as wanton destruction of property has become a recurring phenomenon that threatens the well-being of its citizens. I am specifically calling for the re-engineering of our nation’s security architecture since it is not working. Calling for the reconsideration of State Police and massive recruitment of men, new tactics in intelligence gathering.

“It is important that we all recognize that security is essential for the survival and flourishing of any society. Hence we must make it possible that it involves the protection of individuals, communities, and the entire nation against dangers and attacks.

“Security is so important that every government in Nigeria spends a substantial part of its money on its provision. Therefore we shall leave no stone unturned to give the needed push for the enhancement of security in our land. Every community is only as strong or weak as the state of its security.

NEWS

Tinubu Mourns Ex-Minister, Ogbonnaya Onu

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President Bola Tinubu has extended his deepest condolences to the Onu family over the passing of Chief Ogbonnaya Onu, a former Minister of Science and Technology in the Buhari administration.

Chief Onu passed away on Thursday at the age of 72.

“The President mourns a luminous star in Nigeria’s political firmament.

The first civilian governor of Abia State; former minister of Science, Technology and Innovation, a principal draughtsman in the founding of the All Progressives Congress (APC), and a valiant partner in the victory of the party in the 2015 elections.
 

“Most importantly, the President celebrates the life of an accomplished scholar, first-class engineer; a man of proven integrity; defiant to indiscipline, but ever yielding to the highest standards of rectitude,” a statement by Chief Ajuri Ngelale, Presidential spokesman quoted the President to have said.

The statement said Tinubu affirmed that the late Onu epitomized Nigeria in concord; in wholeness, as the late statesman believed in and defended Nigeria’s unity, advocated peace, and promoted fellowship across the Niger.

The President also condoled with the friends and associates of Chief Onu, Ebonyi and Abia State Governments, and all Nigerians grieving this gaping loss.

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Business News

Geregu Power Earns N50.4bn From Electricity Sales, Capacity Charges 

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By Tony Obiechina, Abuja 

Geregu Power Plc has generated N50.4bn on electricity sales and capacity charges to Nigerians in the first quarter of 2024.

The power company which is the first listed power company of the Nigerian Exchange Ltd disclosed the performance in its Q1, 2024 financial statement.

The company grew its Q1 revenue by 225 per cent from N14.

2bn in 2023 to N50.
4bn in 2023.

A breakdown reveals that Geregu Power sold energy worth N31bn and received N19bn as revenue from capacity charge.

Recall that the power company posted an annual revenue of N82.9bn in the full year of 2023 but it has covered half of the amount in Q1.

The revenue was above the company’s forecast for Q1 2024 when it projected its revenue to rise to N31.24bn.

Geregu Power recorded a profit before tax of N21.9bn up from the N5.3bn recorded in Q1 of last year, reflecting 307.8 per cent growth.

During the period underreview, the company saw its profit after tax rose by 307.3 per cent to N14.46bn from N3.54bn recorded in Q1 of last year. In the full year 2023, the company made N16.1bn net profit.

The net profit was above the company projection of N5.5bn. 

Geregu Power took an income tax charge of N7.43bn, up from the N1.8bn in Q1 2023. The tax charges were higher than the N2.7bn projected for Q1 2024.

The company also spent N21.5bn on the cost of sales involving gas supply and transportation, up from the N6.6bn spent on gas supply and transportation in Q1 2023.

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Foreign News

U.S. not Expecting to be Drawn into War but Predicts Attack by Iran Against Israel

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The United States expects an attack by Iran against Israel but one that would not be big enough to draw Washington into war, a U.S. official said late on Thursday.

The White House said earlier that Washington did not want conflict to spread in the Middle East and the U.S. had told Iran it was not involved in an air strike against a top Iranian military commander in Damascus.

The White House added it warned Iran to not use that attack as a pretext to escalate further in the region.

Suspected Israeli warplanes bombed Iran’s embassy in Damascus on Monday in a strike for which Iran has vowed revenge and in which a top Iranian general and six other Iranian military officers were killed, ratcheting up tension in a region already strained by the Gaza war.

Iranian sources told Reuters that Tehran has signalled to Washington that it will respond to Israel’s attack on its Syrian embassy in a way that aims to avoid major escalation and it will not act hastily, as Tehran presses demands including a Gaza truce.

The United States has been on high alert about possible retaliatory strikes from Iran and U.S. envoys have been working to lower tensions.

Palestinian Islamist group Hamas attacked Israel on Oct. 7, killing 1,200, according to Israeli tallies.

Israel’s military assault on Hamas-governed Gaza has since killed more than 33,000 people according to the local health ministry, displaced nearly all of Gaza’s 2.3 million population, caused a humanitarian crisis, and led to genocide allegations that Israel denies.

Iran-backed groups have declared support for Palestinians, waging attacks from Lebanon, Yemen, and Iraq.

Tehran has avoided direct confrontation with Israel or the United States, while declaring support for its allies. (Reuters/NAN)

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